Paul Ryan: “The other side has nothing to offer but fear itself. One seeks to prey on the emotions of fear and envy in the American…”

“The other side has nothing to offer but fear itself. One seeks to prey on the emotions of fear and envy in the American people and to exploit those emotions to keep more of their hard-earned money in Washington. The other school of thought, what we are trying to achieve is to appeal to people's emotions of hope, of accomplishment, of success. We punish success in the Tax Code today. The small businessman, the small businesswoman, the entrepreneur in society today, which is the engine that drives the American economy, is what gives us our jobs in this country; yet, we tax them at punishing tax rates, higher than we tax IBM, Exxon, the multinational corporations in this world. What we are trying to achieve by lowering the tax rates on entrepreneurs, on small businesses, on the American families, down to 33 percent is to simply say that we recognize that what creates this economy, that what grows this economy, that what creates jobs are small businesses and entrepreneurs. We need to feed that engine, because if we fall victim to the politics of fear and envy, as the other side is suggesting, we will continue to take more and more dollars out of workers' paychecks.”